Pro-austerity Saudi prince buys world's most expensive home
The Saudi crown prince leading a corruption crackdown that has seen dozens of his country’s wealthiest men locked up has…
Tax
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KPMG revenues grow strongly to record $26.4 billion
Growth driven by client-focused investments in technology, innovative services, alliances and hiring Record high revenues for Fiscal Year (FY)…
Iran Tax Revenues at $19 Billion
A s much as 1,000 trillion rials ($23.8 billion) had been projected as tax revenues in the current fiscal budget…
US tax reforms to add value to Qatar investments
The US federal tax reform is expected to add value to Qatar’s investments in the US. Qatar has significant exposure…
UAE questions US omission from tax haven blacklist
On 5 December, EU finance ministers published a tax haven blacklist of 17 jurisdictions plus an additional grey list naming…
Deloitte expands Middle East VAT advisory team
Deloitte, a leading professional services firm, has announced the expansion of its senior indirect tax and value added tax advisory…
UAE must do more on transparency to get off tax blacklist -EU envoy
The United Arab Emirates will have to do more to address the European Union's concerns about tax transparency if it…
Accounting Changes Double Reserves
Qatar’s central bank made a sudden accounting change in October that nearly doubled the country’s foreign-currency reserves ahead of an…
First tax havens blacklist published by EU
The European Union has published its first blacklist of tax havens, naming 17 territories including Saint Lucia, Barbados and South…
Nuts for a deal: Bayara lines up promotions to help deal with VAT shock
Value added tax will force retailers to continue in to next year with the strict regime of promotions that has…
Retirement Planning: Save Early, Save Hard
Who doesn’t dream of retiring rich? In fact, come to think of it, it is not that difficult to achieve…
VAT in UAE: With a month to go, the clock is ticking
Majority of small enterprises have now come to a realisation that value-added tax will not be deferred and are now…